Nevada Revised Statutes 350A.130 – Loans to municipalities by state purchase of municipal securities authorized
Current as of: 2022 | Check for updates
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In order to:
1. Protect and preserve the property and natural resources of the State, and to obtain the benefits thereof; and
2. Assist municipalities in the acquisition, construction and equipping of public improvements, the State Treasurer may make loans to municipalities by purchasing their municipal securities validly issued for a purpose related to natural resources or their revenue securities validly issued for a purpose related to any undertaking which the municipality is authorized to complete.